Friends Of The Ocean City Pops Inc

Organization Overview

Friends Of The Ocean City Pops Inc is located in Ocean City, NJ. The organization was established in 1995. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Ocean City Pops Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Friends Of The Ocean City Pops Inc generated $158.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $119.2k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE EXCELLENCE IN THE PROGRAMMING, PERFORMANCE, AND CONTINUING DEVELOPMENT OF THE OCEAN CITY POPS ORCHESTRA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENHANCE THE OCEAN CITY POPS ORCHESTRA DURING THE ENTIRE SUMMER SEASON CONCERT PERFORMANCES.


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Board, Officers & Key Employees

Name (title)Compensation
Marguerite Clark
Assistant Tr
$0
Karen Mitchell
Correspondin
$0
Carol Ruggiero
Chairperson
$0
Jon Batastini
Past Chairpe
$0
David Coombs
Community Re
$0
Karen Morelli
Recording Se
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,125
All other contributions, gifts, grants, and similar amounts not included above$93,240
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$97,365
Total Program Service Revenue$6,333
Investment income $31,214
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,342
Net Income from Fundraising Events $12,387
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $158,641

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Friends Of The Ocean City Pops Inc has recieved totaling $27,000.

Awarding OrganizationAmount
Bill & Linda Mitchell Foundation

Naples, FL

PURPOSE: TO PROVIDE SUPPORT TO EXEMPT ORGANIZATION

$25,000
Bill & Linda Mitchell Foundation

Naples, FL

PURPOSE: TO PROVIDE SUPPORT TO EXEMPT ORGANIZATION

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,249,931
Ending Balance$1,249,931

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